Newfoundland and Labrador Economy: Fishing on Solid Ground

cod-fishAmidst the recent volatility of oil and mineral production, the fishery has been a steadfast economic driver for Newfoundland and Labrador, particularly in rural areas. Many thought that the collapse of key groundfish stocks in the early 1990s was the death knell for rural Newfound- land and Labrador. Now, two decades later, even a trade as ancient as the fishery is showing that it’s capable of change in modern markets. “We fished mainly cod back then, but when the moratorium came on,,, Read the rest here 17:37

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